Buhari orders EFCC to probe social investment programme

Buhari orders EFCC to probe social investment programme
February 16 03:40 2018 Print This Article

By Ahmed Idris

The Special Adviser to the President on Social Investments Programme, Mrs. Maryam Uwais, said on Thursday that Economic and Financial Crimes Commission (EFCC) has been invited to probe massive fraud in the Social Investments Programme (SIP).

Uwais said this in Abuja while addressing State House correspondents.

The presidential aide expressed concern that only 15 per cent of the N1 trillion budgeted for the programme in two years has been released.

She said 7,812,201 Nigerians are direct beneficiaries of the programme, which include home-grown school feeding programme, conditional cash transfer, N-Power; while secondary beneficiaries – mainly farmers and cooks – are about 1,500,000.

Uwais said while the SIP is collaborating with various organisations within and outside the government to overcome the challenges, participating state governments are required to support in fraud detection and prevention by their local officials, loan recovery from beneficiaries as well as mobilization and facilitating the generation of BVN and the opening of accounts.

She said the imperative as some of the officials had been discovered to siphon money to illegal bank accounts, which is why the EFCC has been notified to swing into action to apprehend and prosecute the officials, some of who have been suspended or sacked.

Also speaking, Deputy Governor of Lagos State, Dr. Oluranti Adebule, said NEC also received the final report on the Forensic Audit of Revenue Accrued from Revenue Generating Agencies (RGAs) into Federation Account (FA), Excess Crude Account (ECA) and Consolidated Revenue Fund (CRF).

The report, which covered period January 2010–Jun, 2015, was prepared by international audit firm, KPMG, and it audited 18 Agencies including NNPC, FIRS, Nigeria Customs Services (NCS), NIMASA, NPA, NCC, CBN, DPR, NPDC and many others.

She said the report observed several cases of under-remittance and a few over remittance in some cases both by identified agencies as well as late remittances into the various accounts.